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12° Nicosia,
26 September, 2022
 
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Prices of consumer goods and services recorded a 10% annual increase

The largest changes were noted in housing, water, electricity, gas and other fuels

Source: CNA

The harmonized consumer price index recorded in July an annual increase of 10.6%.

According to the Statistical Service of Cyprus, in July 2022 the Harmonized Index of Consumer Prices increased by 10.6% compared to July 2021, while compared to the index of June 2022, the HICP increased by 1.7%.

For the period January - July 2022 the HICP recorded an increase of 7.7% compared to the corresponding period of the previous year.

Meanwhile, compared to July 2021, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels (30.7%) and Transport (21.8%). Compared to June 2022, the largest change was recorded in the category of Clothing and Footwear (-11.3%).

For the period January - July 2022, compared to the corresponding period of the previous year, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels (20.3%), Transport (15.5%) and Food and Non-Alcoholic Beverages (9.0%).

Consequently, the largest change when compared both to the index of July 2021 and to the index of the previous month, was observed in Energy with percentages of 49.0% and 6.9% respectively.

TAGS
Cyprus  |  inflation  |  economy  |  consumer

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